_____ Are Defined as "Major Occurrence with Potentially Negative Outcome

question 4

Multiple Choice

_____ are defined as "major occurrence with potentially negative outcome affecting the organization, company, or industry, as well as its publics, products, services, or good names."

• A) Conflicts
• B) Risks
• C) Threats
• D) Crises
• E) Emergencies

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Definitions:

Double-Declining Balance Method

An accelerated depreciation method that doubles the normal depreciation rate, reducing the asset's book value more quickly.

Depreciable Cost

The total cost of an asset that is subject to depreciation, typically considering its purchase price less any salvage value.

Estimated Useful Life

The expected period over which an asset remains usable to the owner, impacting depreciation calculations and asset management strategies.

Land Purchase

The acquisition of land, an asset, for the purposes of business operation, investment, or development.